Muthoot Finance New Delhi Branch Manager Salaries by 50+ Employees (Updated 2024)

2 - 18 years exp.

₹2.5 Lakhs - ₹7.5 Lakhs

Salary of majority employees

47% less than the average Branch Manager Salary in NBFC Companies for 2 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Branch Manager Salary 5 - 14 years exp. (20 salaries)	₹4 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading Branch Manager Salary 5 - 18 years exp. (15 salaries)	₹2.6 L/yr - ₹7.5 L/yr
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Sales & Business Development Branch Manager Salary 5 - 18 years exp. (7 salaries)	₹3.4 L/yr - ₹6 L/yr
Finance & Accounting Branch Manager Salary 2 - 14 years exp. (6 salaries)	₹2.5 L/yr - ₹7 L/yr

Last Updated: 19 Dec 2024

Companies similar to Muthoot Finance for Branch Manager in New Delhi

Muthoot Finance Branch Manager Salary

2 - 18 years exp. (57 salaries)

₹2.5 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Salary 6 - 23 years exp. (156 salaries)	₹7.5 L/yr - ₹28.8 L/yr 195% more	4 job openings
ICICI Bank Branch Manager Salary 5 - 21 years exp. (221 salaries)	₹6.5 L/yr - ₹25.5 L/yr 178% more
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Axis Bank Branch Manager Salary 9 - 22 years exp. (49 salaries)	₹9.1 L/yr - ₹29 L/yr 211% more	2 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (123 salaries)	₹8 L/yr - ₹25 L/yr 207% more	2 job openings
Sammaan Capital Limited Branch Manager Salary 11 - 15 years exp. (4 salaries)	₹5 L/yr - ₹5.9 L/yr 5% more
Mahindra Finance Branch Manager Salary 6 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr At par	1 job opening
IIFL Finance Branch Manager Salary 3 - 16 years exp. (144 salaries)	₹3 L/yr - ₹7.8 L/yr 3% more	2 job openings
HDB Financial Services Branch Manager Salary 5 - 17 years exp. (80 salaries)	₹5 L/yr - ₹13.2 L/yr 70% more	5 job openings
Muthoot Fincorp Branch Manager Salary 2 - 16 years exp. (61 salaries)	₹2.4 L/yr - ₹6.3 L/yr 17% less	2 job openings
Capri Global Capital Branch Manager Salary 5 - 13 years exp. (28 salaries)	₹4.2 L/yr - ₹7.7 L/yr 4% more
Manappuram Finance Branch Manager Salary 2 - 7 years exp. (18 salaries)	₹2.5 L/yr - ₹5.3 L/yr 28% less
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Branch Manager salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Manager salaries in New Delhi

Last Updated: 19 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (4 salaries)	₹2.6 L/yr - ₹5 L/yr
6 years (4 salaries)	₹3.5 L/yr - ₹6 L/yr
7 years (3 salaries)	₹4.5 L/yr - ₹9.3 L/yr
8 years (3 salaries)	₹4.3 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
10 years (7 salaries)	₹4 L/yr - ₹9.9 L/yr
11 years (10 salaries)	₹4.2 L/yr - ₹7.5 L/yr
12 years (9 salaries)	₹4.5 L/yr - ₹7.5 L/yr
13 years (4 salaries)	₹4.7 L/yr - ₹7.5 L/yr
14 years (5 salaries)	₹4.2 L/yr - ₹7.5 L/yr
15+ years (5 salaries)	₹4.7 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Muthoot Finance

Branch Head Salary

(32 salaries)

₹3.5 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(17 salaries)

₹4 L/yr - ₹9.6 L/yr

Credit Manager Salary

(9 salaries)

₹4.2 L/yr - ₹6 L/yr

Chief Manager Salary

(4 salaries)

₹9.6 L/yr - ₹11.15 L/yr

Branch Incharge Salary

(4 salaries)

₹1.85 L/yr - ₹4.54 L/yr

Sales Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.6 L/yr

Top skills at Muthoot Finance for Branch Manager

Gold Loan Sales Branch Operations Branch Management Branch Handling Banking Business Development Team Handling Marketing Finance Customer Service Relationship Building Operations NBFC Management

Salary related reviews for Muthoot Finance

2.9

Rated by 15 employees for salary & benefits

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Branch Manager in New Delhi

Branch Department

1.0

• posted on 23 Jun 2019

2.0

for Salary and Benefits

Likes

Nothing appreciable.

Dislikes

...dn't want to follow the same. No job security. Very risky job. No career growth. Very less salary n too much internal politics. Very bad working environment n no work life balance. No support from higher authorities. Senior staff in d branch think they r d owners of the company.

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

Branch Manager in Amritsar

Other Department

4.0

• posted on 05 May 2022

4.0

for Salary and Benefits

Likes

Good environment for female staff, transfer staff within 25km,salary hike every year , free health insurance for staff and family, transparent policies ,

Dislikes

Long hours timing which creates difficulty to manage personal life, staff have to visit to on Sunday and holidays which is not much beneficial for company but disturb staff's personal routine for holidays

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Branch Manager Salary FAQs

What is the salary of Branch Manager at Muthoot Finance New Delhi?

Branch Manager salary at Muthoot Finance in New Delhi ranges between ₹2.5 Lakhs to ₹7.5 Lakhs for experience between 2 years to 18 years. According to our estimates it is 47% less than the average Branch Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Finance New Delhi.

How does the salary of a Branch Manager at Muthoot Finance New Delhi compare with the average salary range for this job?

The average salary of a Branch Manager at Muthoot Finance is 47% less than the average salary of a Branch Manager in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at Muthoot Finance?

Gold Loan, Sales, Branch Operations, Branch Management and Branch Handling are some of the popular skills required to work as a Branch Manager at Muthoot Finance New Delhi.

Which similar companies are paying more than Muthoot Finance to a Branch Manager in New Delhi?

Axis Bank Branch Manager Salary - ₹9.1 Lakhs to ₹29.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Branch Manager Salary - ₹7.5 Lakhs to ₹28.8 Lakhs per year
ICICI Bank Branch Manager Salary - ₹6.5 Lakhs to ₹25.5 Lakhs per year
HDB Financial Services Branch Manager Salary - ₹5.0 Lakhs to ₹13.2 Lakhs per year

What is the salary of a Branch Manager in companies similar to Muthoot Finance in New Delhi?

Sammaan Capital Limited Branch Manager Salary - ₹5.0 Lakhs to ₹5.9 Lakhs per year
Capri Global Capital Branch Manager Salary - ₹4.2 Lakhs to ₹7.7 Lakhs per year
IIFL Finance Branch Manager Salary - ₹3.0 Lakhs to ₹7.8 Lakhs per year
Mahindra Finance Branch Manager Salary - ₹4.8 Lakhs to ₹6.5 Lakhs per year
Muthoot Fincorp Branch Manager Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Branch Manager at Muthoot Finance in New Delhi?

The estimated take-home salary of a Branch Manager at Muthoot Finance ranges between ₹41,769 per month to ₹42,908 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Finance Branch Manager salary in India which ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Muthoot Finance in New Delhi?

According to AmbitionBox, 45% of the Muthoot Finance Branch Managers in New Delhi reported a notice period of 1 Month, 24% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Manager Salaries in New Delhi

Muthoot Finance Branch Manager salary in New Delhi ranges between ₹2.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Muthoot Finance latest salaries received from various employees of Muthoot Finance.